Dollar | Price of the dollar today in Colombia June 25, 2024

Dollar | Price of the dollar today in Colombia June 25, 2024
Dollar | Price of the dollar today in Colombia June 25, 2024

The price of the dollar in Colombia registers a new day of losses this Tuesday and its price is already below the level of $4,100.

(Read: Dollar in Colombia: why the winds of depreciation continue for the peso).

This new drop is added to that of the previous day, due to the weakening of the US currency against the Colombian peso and other currencies such as the euro and the pound sterling.

The bearish trend of the dollar occurs while the market is awaiting new signals from the US Federal Reserve on the interest rate.

(See: Cost of living and unemployment would make it difficult for Colombians to pay loans).


Dollar

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This Wednesday the FED, which two weeks ago kept interest rates in its range of 5.25% – 5.5% and is only contemplating a cut before the end of the year, publishes the results of its annual tests on banking health from the country.

Before this panorama, The dollar is traded at an average price of $4,079, that is, it falls 25 pesos compared to the Representative Market Rate, which is $4,104.

(Also: Is it possible to eliminate a negative report in Datacrédito without having paid a debt?).

In other markets, in the previous day, Texas crude oil rose to $81.63 a barrel; the yield on the 10-year Treasury bond fell to 4.232%; gold rose to $2,345 an ounce; and the dollar against the euro remained stable, with a change of 1.0735.

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